About Associate Decor Limited
Data last updated: 10 January 2026
Associate Decor Limited is a public limited company based in Malur, Karnataka, India, a subsidiary of Associate Holdings Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in wood products and mdf, a part of the broader manufacturing sector. Incorporated on 17 January 2007, the company has been in operation for over 19 years.
Registered with ROC Bangalore under CIN U20213KA2007PLC041502.
Capital: an authorised share capital of ₹52 Cr and a paid-up capital of ₹51.51 Cr. Formerly known as Star Panel Boards Limited. It is led by directors including Yahya Mohamed Farouk Darvesh and Mohamed Farouk Suleman Darvesh.
Last AGM: 18 June 2016. Financial statements filed for year ended 31 March 2015. Office: Plot No. 1 Phase Iv Kiadb Industrial Area Huralagera, Malur, Karnataka, India – 563160.
As per the financials filed for FY 2015, the company reported a revenue of ₹392.44 Cr, a growth of 30% compared to the previous year.
The company has a workforce of approximately 294 employees as per the latest available data. It operates as a subsidiary of Associate Holdings Private Limited.
The company is associated with 1 brand - Associate Decor. As per MCA filings, the company has open charges of ₹739.22 Cr and satisfied charges of ₹96 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is associatedecor.in.
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Registered AddressPlot No. 1 Phase Iv Kiadb Industrial Area Huralagera, Malur, Karnataka, India – 563160
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IndustryManufacturing, Wood Products & MDF
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Associate Decor Limited
Associate Decor Limited operates one associated brand: Associate Decor. These brands represent Associate Decor Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Associate Decor manufactures particle boards, laminates, and melamine faced chipboards for home decor. | associatedecor.com |
Competitors & Alternatives of Associate Decor Limited
Brands and companies operating in the same space as Associate Decor Limited include Rushil Decor, Stylam, Greenlam Industries and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Rushil Decor
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Laminated sheets and wood-engineered products are manufactured and sold. | Ahmedabad, India, India | 1993 |
Stylam
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Manufacturer of laminates for residential, commercial, and industrial purposes | Chandigarh, India, India | 1991 |
Greenlam Industries
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Diversified interior building products including laminates and plywood are manufactured. | Delhi, India, India | 2013 |
Action TESA
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Manufactures high-quality laminates for interior design applications. | New Delhi, India, India | 2009 |
Formica
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Home improvement products including laminates and fittings are manufactured. | Cincinnati, United States, United States | 1913 |
Atmosphere
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Multi-category furniture is retailed via an online platform. | Mumbai, India, India | 2019 |
Portobello
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Porcelain tiles and home decor coatings are manufactured in Brazil. | Tijucas, Brazil, Brazil | 1979 |
SpaceMax
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Furniture manufacturing company carving a niche in the furniture industry | Pune, India, India | 2014 |
Lamtuf
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Manufacturer of phenolic, epoxy, and densified wood laminates | Hyderabad, India, India | 1976 |
Business Activity of Associate Decor Limited
Associate Decor Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including wood and wood products, furniture, paper and paper products, wholesale trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Associate Decor Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Associate Decor Limited
Associate Decor Limited is audited by M A PARIKH & CO for the financial year 2015. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M A PARIKH & CO | Locked | Locked | Locked |
Complete auditor history for Associate Decor Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Associate Decor Limited
Associate Decor Limited is currently managed by 9 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yahya Mohamed Farouk Darvesh | Director | 04 Jul 2008 | 18 Years 1 Months | As last reported |
| Mohamed Farouk Suleman Darvesh | Director | 17 Jan 2007 | 19 Years 7 Months | As last reported |
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Srichand Satramdas Agicha
Also directs:
Associate Plantations Private Limited, Associate Plywood Industries Private Limited, Associate Lumbers Pvt Ltd and 5 more
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Director | 19 Feb 2007 | 19 Years 6 Months | As last reported |
| Nooruddin Khan | Director | 17 Jan 2007 | 19 Years 7 Months | As last reported |
| Himayath Ali Khan | Director | 17 Jan 2007 | 19 Years 7 Months | As last reported |
| Ebrahim Suleman Darvesh | Director | 17 Jan 2007 | 19 Years 7 Months | As last reported |
Financials of Associate Decor Limited FY 2015 filings available
Associate Decor Limited reported revenue of ₹392.44 Cr (up 30.00% YoY) for FY 2015.
Ten-year financial statements for Associate Decor Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Associate Decor Limited
Shareholding and ownership data for Associate Decor Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Associate Decor Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2017 | Others | ₹27 Cr | Open |
| 30 Jun 2016 | Others | ₹5 Cr | Open |
| 31 Mar 2016 | Others | ₹20 Cr | Open |
| 26 Jun 2015 | Bank of Baroda | ₹11.4 Cr | Open |
| 01 Aug 2013 | Corproation Bank | ₹32.78 Lakh | Open |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Associate Decor Limited
Associate Decor Limited has a workforce of 294 employees as of Apr 06, 2024.
Employee and EPFO history for Associate Decor Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Associate Decor Limited
GST registrations and filing compliance for Associate Decor Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Associate Decor Limited
Credit ratings, litigation, and regulatory alerts for Associate Decor Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Associate Decor Limited
MSME payment history for Associate Decor Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Associate Decor Limited
Corporate group structure for Associate Decor Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Associate Decor Limited
MCA filings and documents for Associate Decor Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Associate Decor Limited
Frequently Asked Questions about Associate Decor Limited
Associate Decor Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Associate Decor Limited is a company under insolvency, formerly operating as a public limited company in the manufacturing sector based in Malur, Karnataka, India. It was incorporated on 17 January 2007 and is registered under CIN U20213KA2007PLC041502. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Associate Decor Limited reported revenue of ₹392.44 Cr for FY 2015 (up 30.00% YoY).
The current directors of Associate Decor Limited are:
- Yahya Mohamed Farouk Darvesh - Director
- Mohamed Farouk Suleman Darvesh - Director
- Srichand Satramdas Agicha - Director
- Nooruddin Khan - Director
- Himayath Ali Khan - Director
- Ebrahim Suleman Darvesh - Director
- Farooq Ali Khan - Director
- Sidarrtha Agicha - Director
- Manoharlal Satramdas Agicha - Director
The CIN (Corporate Identification Number) of Associate Decor Limited is U20213KA2007PLC041502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associate Decor Limited has open charges of ₹739.22 Cr and satisfied charges of ₹96 Cr as per latest MCA filings.